Staff Reporter
Consortium ups cash offer for Penguin International to $0.83 per share
Consortium ups cash offer for Penguin International to $0.83 per share
The Offer Shares are to be acquired fully paid and free from rights and interests of any nature.
CapitaLand Ascendas REIT acquires Seagate’s R&D facility for $218.24m
The acquisition will expand CLAR’s footprint in the one-north district by 13%.
More launches drive new home sales up by 80.3% MoM in April
April marked the highest new home sales since September 2022.
SIA Group flew 2.7 million passengers in April
But its cargo and mail carried fell to 68.8 million kilogrammes.
Mainland Chinese buyers to be most affected by the ABSD rate hike: report
In Q123, buyers from China purchased 316 non-landed homes.
What are Singaporeans’ preferred markets for commercial real estate investment?
Investors from SG deployed a total of US$15.8b into global real estate in 2022.
Singapore banks deliver strong earnings growth in Q1
OCBC outperformed with a net interest margin expansion of 75bp YoY.
Daily Markets Briefing: STI increases by 0.19%; Hongkong Land is top stock
Hongkong Land was the most active stock as it increased by 1.79%.
SDC, WWF-SG unveil sustainability guidebook for establishments
The guidebook instructs businesses to align operations with sustainable practices.
Singapore requires residual current circuit breakers in all residential premises
This covers residential places built before 1985.
ST Engineering revenue up 13% YoY to $2.3b in Q1
Its Commercial Aerospace sector contributed the largest with $873m.
United Hampshire US REIT’s net property income rises 13.5% YoY to US$12.9m in Q1
The REIT attributed the increase to the resilient performance of its existing properties.
LHN Limited’s net profit plunges 47.4% YoY to $16.9m in H123
Despite the net profit decline, the company proposed a higher interim dividend of $0.01.
Singapore receives first-ever import of live chicken from Indonesia
Japfa delivered the 23,000 chickens to the Lion City.
CEREIT net property income up 3.6% YoY to $48.9m in Q1
Its DPU showed resiliency despite falling 2.4% YoY in Q1.
Central Bank unveils the Lee Kuan Yew centenary coin
Singaporeans can obtain the commemorative coin starting September 2023.
SGX-listed GAR’s net profit down 51% in Q1 due to normalised CPO prices
Despite the softened results, the firm said it stayed resilient.
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